The Road to Totalitarianism

Economics crash have people united. Well, it has been repeated several times in the 20th century. Fear make people gather to Totalitarianism. I think every policy maker needs to read "The Road to Serfdom", the Nobel Prize economist F.Hayek wrote 6 decades ago.

Hayek’s central thesis is that all forms of collectivism lead logically and inevitably to tyranny, and he used the Soviet Union and Nazi Germany as examples of countries which had gone down “the road to serfdom” and reached tyranny. Hayek argued that within a centrally planned economic system, the distribution and allocation of all resources and goods would devolve onto a small group, which would be incapable of processing all the information pertinent to the appropriate distribution of the resources and goods at the central planners’ disposal.
-The Road to Serfdom - Wikipedia, the free encyclopedia